Owner of Concord’s Steeplegate Mall defaults on mall’s mortgage

August 06. 2014 2:43PMCONCORD — The owner of the Steeplegate Mall defaulted on the mall’s mortgage this month, but a city official said a potential new buyer might be more aggressive in marketing available retail space.

“I don’t anticipate the mall will close,” said Carlos Baia, Concord’s deputy city manager for development.